Eventus announces continued growth in client base, global expansion as company wins Best Trade Surveillance Solution for Validus platform in TradingTech Insight USA Awards 2024 [Yahoo! Fin...
American International Group, Inc. New (AIG)
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Source: Yahoo! Finance
that its Validus platform continues to capture business from firms seeking to move away from legacy trade surveillance providers, with a 25% increase in its client base over the past year. The announcement comes on the heels of another award win for excellence in trade surveillance, further global expansion with the signing of its first South African client – one of Africa's largest diversified financial groups – and a continued high renewal rate for existing clients globally. The company now has clients on six continents. Eventus CEO Travis Schwab said: "We've never been in a better position as a company. Our retention rates remain close to 100%, we are growing across asset classes and geographies, our platform continues to perform at the highest levels with new functionality rolling out consistently, and we are profitable. We are especially excited about some new clients that include three tier-1 banks all now actively using Validus to meet a range of compliance and regulatory goa
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